USD/CAD’s down trend extended to as low as 1.2706 last week. But a temporary low was formed after hitting 100% projection of 1.3389 to 1.2928 from 1.3172 at 1.2711. Initial bias is turned neutral for some consolidations first. Upside of recovery should be limited by 1.2928 support turned resistance to bring fall resumption. On the
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD’s down trend extended to as low as 1.2706 last week. But a temporary low was formed after hitting 100% projection of 1.3389 to 1.2928 from 1.3172 at 1.2711. Initial bias is turned neutral for some consolidations first. Upside of recovery should be limited by 1.2928 support turned resistance to bring fall resumption. On the […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.